here we go again - oil - spr further explained
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the EIA is a better source of information than your cousin Bob down at the local coffee shop ....
"I work in the industry" ... yeah because a box handler at Amazon knows the companies full portfolio, suppliers and margins ...what a load of crap ...
want to learn ..just do little research
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I don't comment much, but always appreciate the content. Would buy you a beer if our farm was closer to yours. Have a safe 2023.
@Blackearthexcavationandtiling
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Thank you very much - I appreciate the compliment and viewership!
Thanks for the video.
@Blackearthexcavationandtiling
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You are welcome!
What's the other channel you have
@Blackearthexcavationandtiling
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The Fed Up Farmer
Talking about gold. I watch another channel he believes gold could double in the next couple of years do to the bricks. What is your opinion on that. I personally know gold doubles every 20 years and is usually just used as hedge against inflation.
@Blackearthexcavationandtiling
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Thank you for asking.... they say gold will hit 5,000 ... I could see it hitting 2500 pretty soon - wish I had bought more last week when it was 1890 .... by the end of 2023, I am hearing the Fed will add about 2Trillion $ thier balance sheets - all signs point to inflation - although we'll likely see more stagflation for the time being ...
@randywilliams787
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@@Blackearthexcavationandtiling Do you think we will hit hyperinflation?
@Blackearthexcavationandtiling
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@Randy Williams I don't know - but it's a possibility- or at least the edge of it ...... comparing now to the 70s and 80s - look at how fragile our economy has become - even at the feds measure of 6% inflation, one year of QT and we are collapsing - which is why I think we are at the floor - the Fed is already printing again on one hand while possibly raising rates on the other hand - which will be short term stagflation ...bottom line, printing is gonna pick up - especially once the govt gets it head together and passes the new debt ceiling - fhe long run looks like a lot of printing - its really the only answer the Fed has left ....